Nominal and \"Real\" Gross Domestic Product Source: http://www.bea.gov/national

Question

Nominal and "Real" Gross Domestic Product Source: http://www.bea.gov/national Real GDP in Real GD GDP in billions of billionsof real GDP in billions of billions,of real in 2009 GDP % dollars change current 2009 GDP % current 104.6 1,056.6 19731,428.5 5,424.1 19741,548.8 5,396.0 1975 1,688.9 5,385.4 1976 1,877.65,675.4 1977 2,086.0 5,937.0 1978 2,356.6 6,267.2 1979 2,632.1 6,466.2 5.6 904.8 59.5 788.2 -12.9 1933 862.2 939.0 10.8 5.6 1936 B4.91,060.5 12.91980 2,862.5 6,450.4-0.2 1937 1939 1940 93.0 1,114.6 87.4 1,077.7 93.5 1,163.6 102.9 1,266.1 1981 3,211.0 6,617.7 1982 3,345.0 6,491.31.9 1983 3,638.1 6,792.0 19844,040.77,285.0 1985 4,346.77,593.8 1986 4,590.2 7,860.5 19874,870.2 8,132.6 19885,252.6 8,474.5 1989 5,657.78,786.4 1990 5,979.6 8,955.0 1991 6,174.08,948.4 -0.1 1992 6,539.3 9,266.6 1993 6,878.79,521.0 1994 7,308.8 9,905.4 1995 7,664.1 10,174.8 1996 8,100.2 10,561.0 1997 8,608.5 11,034.9 1998 9,089.2 11,525.9 1999 9,660.6 12,065.9 2000 10,284.8 12,559.7 2001 10,621.8 12,682.2 2002 10,977.5 12,908.8 2003 11,510.7 13,271.1 2004 12,274.9 13,773.5 2005 13,093.7 14,234.2 2006 13,855.9 14,613.8 2007 14,477.6 14,873.7 2008 14,718.6 14,830.4 2009 14,418.7 14,418.7 2010 14,964.4 14,783.8 2011 15,517.9 15,020.6 2012 16,155.3 15,354.6 2013 16,691.5 15,612.2 2014 17,427.6 16,013.3 2015 18,120.7 16,471.5 2016 18,624.5 16,716.2 129.4 1,490.3 17.7 166.0 1,771.8 18.9 203.1 2,073.7 17.0 942 224.6 2,239.4 228.2 2,217.8 227.8 1,960.9 11.6 249.9 1,939.41.1 1947 274.8 2,020.0 1949 272.82,008.90.5 300.2 2,184.0 347.3 2,360.0 367.7 2,456.1 389.7 2,571.4 391.1 2,556.9 -0.6 426.2 2,739. 450.1 2,797.4 474.92,856.3 482.0 2,835.3 522.5 3,031.0 543.3 3,108.7 563.3 3,188.1 605.1 3,383.1 638.6 3,530.4 685.8 3,734.0 743.7 3,976.7 815.0 4,238.9 861.74,355.2 942.5 4,569.0 1969 1,019.9 4,712.5 1970 1,075.9 4,722.0 1971 1,167.8 4,877.6 1972 1,282.4 5,134.3 2.5 1967 2.2

Explanation / Answer

GDP is not an accurate measure of wellbeing because:

Related Questions

Navigate

• Browse (All)
• Browse N
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.